Common use of Amendment with consent Clause in Contracts

Amendment with consent. Where in the reasonable opinion of the Trustee a proposed alteration, addition or modification to this Deed is prejudicial or likely to be prejudicial to the interests of the Noteholders (as to which the Trustee may rely on a determination by the Note Trustee) or a Class of Noteholders or the Beneficiaries in a particular then constituted Trust such alteration, addition or modification may only be effected by the Trustee with the prior consent of the Noteholders or a Class of Noteholders (as the case may be) in the particular Trust under an Extraordinary Resolution of the Noteholders or a Class of Noteholders (as the case may be) in the Trust or with the prior written consent of the Beneficiaries (as the case may be).

Appears in 6 contracts

Samples: Master Trust Deed (Crusade Management LTD), Master Trust Deed (Crusade Management LTD), Master Trust Deed (Crusade Management LTD)

AutoNDA by SimpleDocs

Amendment with consent. Where in the reasonable opinion of the Trustee a proposed alteration, addition or modification to this Deed deed (except an alteration, addition or modification referred to in clause 36.1) is prejudicial or likely to be prejudicial to the interests of the Noteholders (as to which the Trustee may rely on a determination by the Note Trustee) or a Class of Noteholders or the Beneficiaries in a particular then constituted Trust such alteration, addition or modification may only be effected by the Trustee with the prior consent of the Noteholders or a Class of Noteholders (as the case may be) in the particular Trust under an Extraordinary Resolution of the Noteholders or a Class of Noteholders (as the case may be) in the Trust or with the prior written consent of the Beneficiaries (as the case may be).

Appears in 3 contracts

Samples: Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!